Header-template

HEADLINES

Londonbased Zappi uses AI to turn panel comments into real business insights and wins $170m

The crew at AIdriven market research firm Zappi, which celebrated its 10th anniversary this year, is closing off the year with a massive growth boost

The crew at AIdriven market research firm Zappi, which celebrated its 10th anniversary this year, is closing off the year with a massive growth boost after receiving payments from PepsiCo, McDonalds, and Heineken. An undisclosed coinvestor and Sumeru Equity Partners have invested $170 million in Zappi, a consumer insights business that uses AI to narrow down marketing and product concepts. The London/Boston company is promoting AI as a component of its market research software suite. This programme leverages automation that has been trained using 1.2 billion historical consumer insights to identify interesting marketing and product concepts, assisting teams in finding the correct market fit. Read More..

B2B Tech News | 2 years ago          

Gold Coast marketing agencies join forces as PeriscoPe acquires HYPE Group

PeriscoPe purchased HYPE Group, a rival business development and marketing firm situated on the Gold Coast. Over the past few years, the two businesse

PeriscoPe purchased HYPE Group, a rival business development and marketing firm situated on the Gold Coast. Over the past few years, the two businesses have been on parallel trajectories. Offices in Brisbane and Sydney have recently been added to PeriscoPes east coast presence, which now extends beyond the Gold Coast. PeriscoPe and HYPEs PricewaterhouseCofounders have announced a merger. In order to provide bestinclass competence in ecommerce and fastmoving consumer goods FMCG products, the two businesses are competing. Both Muecke and Berdie, who were finalists in the 2022 Gold Coast Young Entrepreneur Awards, will continue to serve on the HYPE Group board of directors. Read More..

B2B Tech News | 2 years ago          

Line Man Wongnai evaluates the acquisition of Foodpanda in Thailand

According to individuals briefed on the matter, Bloomberg claimed that Thailandbased Line Man Wongnai, which only recently achieved unicorn status in

According to individuals briefed on the matter, Bloomberg claimed that Thailandbased Line Man Wongnai, which only recently achieved unicorn status in the food delivery industry, is in talks to purchase Foodpanda in Thailand in order to position itself for an IPO in the coming years. Both parties have yet to make a final decision, so the agreement could yet fall through, the sources said. In all 77 of Thailands provinces, Line Man Wongnai provides services like meal delivery, grocery delivery, and ridehailing. It is supported by the Japanese tech company Line and the Singapore sovereign wealth fund GIC. The business recently reported that between January 2020 and August 2022, meal orders increased by nearly 15 times. Read More..

B2B Tech News | 2 years ago          

Speedinvest brings another 500 million euros to the preseed and seed round table

With almost €1 billion in assets under management, Speedinvest began as a €10 million micro fund with macro ideas in 2011. Since then, it has rais

With almost €1 billion in assets under management, Speedinvest began as a €10 million micro fund with macro ideas in 2011. Since then, it has raised an additional €500 million. 11 years after it was founded in Vienna as a €10 million micro fund with macro aspirations, Speedinvest has announced a fundraising of €500 million, bringing the firms assets under management to almost €1 billion. Speedinvest will continue to provide preseed and seedstage capital to European entrepreneurs, according to the same concept that enabled its first three funds to generate gross returns of more than 5 times. Read More..

B2B Tech News | 2 years ago          

HB11 Energy targets a petawattclass highintensity laser facility on Australian soil

A recent nuclear fusion breakthrough at the National Ignition Facility NIF in California has been compared by the cofounder of the Australian deeptech

A recent nuclear fusion breakthrough at the National Ignition Facility NIF in California has been compared by the cofounder of the Australian deeptech startup HB11 Energy to the equivalent of a first moon landing for the global energy sector. This has led the Sydneybased company to bring international lasertech heavyweights to Australian soil in an effort to build sovereign capacity in the stilluncommercial field. In response, HB11 Energy formed a group of major players in the laser technology industry to launch a new Australian laser industry, which includes building a facility capable of producing ultrahigh intensity lasers of the petawatt class on Australian territory. Read More..

B2B Tech News | 2 years ago          

Africa Tech Summit Nairobi 2023 Fifth edition to connect over 1000 delegates on 1516 February

Over 1,000 attendees, 450+ companies, and 150+ presenters will be brought together for the fifth editions three Summits. Connect with the main players

Over 1,000 attendees, 450+ companies, and 150+ presenters will be brought together for the fifth editions three Summits. Connect with the main players driving business and investment ahead, such as tech corporations, mobile industry leaders, fintech companies, DeFi & crypto projects, investors, startups, regulators, and industry stakeholders. The three deep dive summit tracks at the 2023 Africa Tech Summit in Nairobi will include a number of sessions that will provide a crosssectional look of technological advancements and prospects from all around the continent. Quality networking time will be added to a variety of keynotes, fireside chats, panels, and breakout sessions from tech leaders, corporations, entrepreneurs, and investors. Read More..

B2B Tech News | 2 years ago          

JD Indonesia is cutting 200 employees amid exit rumors

200 employees, or 30% of the workforce at JD.id, a joint venture between JD.com and Provident Capital, a key player in Chinese ecommerce. The company

200 employees, or 30% of the workforce at JD.id, a joint venture between JD.com and Provident Capital, a key player in Chinese ecommerce. The companys spokesman told Tech in Asia that the decision was made in response to the challenges of the quickly changing business environment.  The company promises that severance pay would be provided to affected employees in accordance with Indonesian laws and regulations. JD.com apparently wanted to leave Thailand and Indonesia in the past.  JD.id has been pitted against ecommerce behemoths like Shopee, Tokopedia, and Lazada in Indonesia. Read More..

B2B Tech News | 2 years ago          

DS Smith closes factory in Kent as it expands into Europe

The biggest packaging manufacturer in the UK has announced that it will shut down its Kent facility and increase production elsewhere in Europe, sayin

The biggest packaging manufacturer in the UK has announced that it will shut down its Kent facility and increase production elsewhere in Europe, saying that the anticipated repeal of EU regulations could worsen the countrys economic woes. Miles Roberts, CEO of DS Smith, stated that the companys international operations could no longer be subsidised by those in its home country. He also stated that it would be extremely helpful for manufacturers if the government aligned regulations with EU regulations wherever possible to promote trade. In light of the governments plans to examine or cancel up to 4,000 pieces of legislation that are drawn from the EU, his comments add to the cautions issued by UK businesses regarding a deeper break from the bloc after Brexit. Read More..

B2B Tech News | 2 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts


1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   8952   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   7452   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   7780   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   7892   

5.  Approximately 8 billion gadgets connect on the internet every day.
   9065   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!


Where do you go to learn more about whats happening in your industry? Check all that apply.